Danfoss Appoints New President of Power Electronics Division

BALTIMORE (Feb. 22, 2013) – Ole Møller-Jensen will take over as President of the Danfoss Power Electronics division with effect from March 2013. Ole Møller-Jensen is currently the Senior Vice President of the VLT Drives business unit in Danfoss Power Electronics. He joined Danfoss in 1978, and has held a number of positions primarily within sales & marketing, product development and business management. In connection with the appointment, Ole Møller-Jensen will become a member of the Danfoss Group Committee.

Ole Møller-Jensen will take over as divisional President from Troels H. Petersen, who will be responsible for acquisition and divestment of companies in Danfoss, among other things.